Penzance

Penzance

Penzance is a fully integrated real estate owner, operator, and developer with a best-in-class institutional investor base. We have an over 25-year track record of success investing across the region in multifamily, industrial, data center, and other commercial assets. Penzance is founder led, woman-owned, and ESG focused, with a diverse team of complimentary skillsets. The company has committed over $3.5 billion of gross capital during our history and manage discretionary capital through multiple fund vehicles.

Penzance Data Center Map

Penzance Power Growth Over Time

Operational
Construction
Planned
Prospective
Land Bank
In Doubt
Currently Operational
across NN Request Dataset sites
Under Construction
NN Request Dataset sites currently building
Planned / Prospective
NN Request Dataset sites announced, but haven't started construction

Penzance Locations

Related News See all

Read Anthropic, Nscale in Talks for Second $45B Deal at West Virginia Campus
[Nscale](https://baxtel.com/data-centers/nscale) is in talks to sell Anthropic roughly $45 billion of AI computing capacity from a second building at its Monarch data center campus in West Virginia...

Anthropic, Nscale in Talks for Second $45B Deal at West Virginia Campus

October 20, 2026 West Virginia

Nscale is in talks to sell Anthropic roughly $45 billion of AI computing capacity from a second building at its Monarch data center campus in West Virginia, a deal that would nearly double the AI lab's commitments to the Nvidia-backed neocloud. Bloomberg first reported the talks on Monday, and...

Read more
Read Virginia Senator Perry Proposes Three-Year Statewide Data Center Moratorium
State Sen. Russet Perry on Tuesday released draft legislation that would halt approvals for new data centers across Virginia for three years, escalating the political fight over the industry's grow...

Virginia Senator Perry Proposes Three-Year Statewide Data Center Moratorium

October 15, 2026 Northern Virginia

State Sen. Russet Perry on Tuesday released draft legislation that would halt approvals for new data centers across Virginia for three years, escalating the political fight over the industry's growth in the world's largest data center market. Senate Bill 843 would take effect July 1, 2027 and...

Read more
Read 2026 Is the Year Texas Passes Virginia in Data Center Capacity
[Texas](https://baxtel.com/data-center/texas) now has more data center capacity operating and under construction than [Virginia](https://baxtel.com/data-center/virginia). Baxtel tracks 28.3 GW buil...

2026 Is the Year Texas Passes Virginia in Data Center Capacity

October 13, 2026 Northern Virginia

Texas now has more data center capacity operating and under construction than Virginia. Baxtel tracks 28.3 GW built or building in Texas, against 17.8 GW in Virginia. On capacity already online, Virginia still leads, 12.3 GW to 11.1 GW. If projects scheduled for this year deliver on time, Texas...

Read more
Read 100MW Data Center Proposed for Wheeling, West Virginia
A 100MW data center could be developed in Wheeling, West Virginia.
Stokes Inc said Silicon Foundation has acquired a 15-acre industrial site at 74 Warwood Avenue, formerly the Centre Foundry, to b...

100MW Data Center Proposed for Wheeling, West Virginia

June 24, 2026 West Virginia

A 100MW data center could be developed in Wheeling, West Virginia. Stokes Inc said Silicon Foundation has acquired a 15-acre industrial site at 74 Warwood Avenue, formerly the Centre Foundry, to build a 60,000 sq ft (5,575 sqm) facility. Stokes will act as EPC contractor. The site has an active...

Read more
Read Penzance is Targeting the Development of a 600MW Data Center Campus in West Virginia
Penzance is Targeting the Development of a 600MW Data Center Campus in West Virginia

Penzance is Targeting the Development of a 600MW Data Center Campus in West Virginia

March 03, 2026 Penzance

Real estate firm Penzance is developing a large data center campus in West Virginia. Governor of West Virginia Patrick Morrisey last week announced Penzance Management would be investing $4 billion in a data center campus in the state.Situated on 548 acres in Berkeley County’s Falling Waters...

Read more
Read Synergy Group names Northern Virginia, Beijing, and Dublin as top 3 hyperscale locations
Synergy Group names Northern Virginia, Beijing, and Dublin as top 3 hyperscale locations

Synergy Group names Northern Virginia, Beijing, and Dublin as top 3 hyperscale locations

August 23, 2024 Northern Virginia

A report from Synergy Research Group found that just twenty state or metro markets account for 62 percent of the world’s current hyperscale data center capacity. Northern Virginia tops this list while the Greater Beijing Area takes the second place, with both making up 22 percent of global...

Read more

Ready to Level up Your
Data Center Strategy?